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FortWayne
2012 Jun 19, 1:01am
I predict the Fed will try to make a soft landing by raising interest rates once or twice more and then lowering them a bit...just to confuse us and get the buyers buying again.
I don't want people to get hurt by a crash...but then again...if prices stay this high, I'm also priced out of the market...as will be my kids and most of my friends and their kids.
I think you are right on track there. Fed had a deflationary wind allowing them to keep the low rates to foster liquidity. But every student of the market knows that rates have to go up eventually.
Cash and stocks feel really good right now.
FortWayne
2012 Jun 19, 1:05am
"It is not a purchase, it's an investment."
"This is a great location to raise a family."
I think their entire profession revolves around appealing to emotions of the buyers wife, oldest sales tactic in the book.
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It’s not a house it’s a home.
Buy now or you’ll be priced out forever.
Renting is just throwing your money away.
You have to live somewhere.
They’re not making any more of it.
Real estate never goes down.
You’re just kidding yourself if you’re waiting for prices to fall.
Never a better time to buy!
I think you have a deep-seated fear of commitment.
Never try to time the market (when it’s falling).
It’s different this time.
_(insert location)_ is so desirable, people will want to live here no matter how expensive it gets.
Boomers/immigrants/rich people will keep prices permanently high.
Prices have achieved a permanently high plateau/new paradigm/soft landing.
_(insert location)_ is land-locked.
If you’re waiting for the perfect time to buy, you’ll be waiting forever.
You can’t lose in real estate –it’s a no-brainer.
Real estate’s seasonal; after _(insert holiday)_ things will return to normal.
The last housing drop was caused by _(insert unique, non-repeatable event: 9-11, collapse of Soviet Union, earthquake, hurricane, etc.)_; it’ll NEVER happen again.
STOP LOW-BALLING! STOP!! I REALLY MEAN IT!!!
Realt-whore quotes I’d like to see:
Past performance is no guarantee of future results.
Why, yes, I do drive looking through my rear-view mirror. Why do you ask?
Prices are not falling; they’re just appreciating in a different direction.
It’s perfectly normal for inventory to quintuple this time of year.
Pay no attention to that man behind the curtain.
These are not the droids you’re looking for, move along.
Didn’t I tell you NOT to low-ball?! STOP IT ALREADY!!!
Have any favorites of your own? Discuss, enjoy...
HARM
#housing